Having climbed last year, remuneration in Latvia kept growing also in early 2011, according to the Central Statistical Bureau.

If comparing with the 1st quarter of a year before, monthly average gross wages and salaries climbed 20 lats (4.6%) in the 1st quarter of 2011, totalling LVL 452. Public sector remuneration rose 6.4% (from LVL 446 to LVL 474), of which in the government sector by 7.6% (from LVL 410 to LVL 441), but in the private sector – 3.6% (from LVL 421 to LVL 436).

Net wages and salaries surged 4.1% from LVL 308 up to LVL 320).

Compared with the 4th quarter of 2010, monthly average gross wages and salaries shrank LVL 3 or 0.7%, namely, 2.7% (from LVL 487 to LVL 474) in the public sector and 0.7% (from LVL 433 to LVL 436) in the private sector.

When comparing with the exact period of 2010, the most significant growth of monthly average remuneration in the 1st quarter of 2011 was registered in following sectors: education – 9.3%, other service activities and real estate activities – 8.7%, electricity, gas, steam and air conditioning supply as well as accommodation and food service activities – 8.1%, and agriculture, forestry and fishing – 7.1%.

Whereas, wages and salaries dropped in mining and quarrying (1.2%) as well as in transport and storage sector and construction (0.5%).

Growth of wages salaries in electricity, gas, steam and air conditioning supply was, first and foremost, affected by the increasing irregular payments (mainly premiums), regular wages and salaries in this sector rose only 0.9%.

Data on the Baltic States suggests, if compared to the same period of 2010, the average monthly gross wages and salaries in the 1st quarter of 2011 grew in all three countries, with the most considerable increases observed in Latvia where there average monthly gross remuneration increased 4.6% (from EUR 614 to EUR 642), followed by Estonia (from EUR 758 to EUR 792) and Lithuania (from EUR 588 to EUR 600).

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From 21 August onward, Rural Support Service plans to start accepting applications for projects to receive support from European Maritime and Fisheries Fund’s action plan for development of fisheries in 2014-2020 as part of projects Innovation, Productive Investments in Aquaculture and Fishing and Aquaculture project processing.

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